Stella-Jones Inc (SJ) to Post FY2019 Earnings of $2.44 Per Share, Desjardins Forecasts

Share on StockTwits

Stella-Jones Inc (TSE:SJ) – Equities researchers at Desjardins issued their FY2019 earnings estimates for shares of Stella-Jones in a report issued on Monday, March 18th. Desjardins analyst B. Poirier anticipates that the company will post earnings per share of $2.44 for the year. Desjardins also issued estimates for Stella-Jones’ FY2020 earnings at $2.67 EPS.

Separately, Royal Bank of Canada decreased their price target on Stella-Jones from C$52.00 to C$50.00 and set an “outperform” rating for the company in a research note on Monday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$50.29.

Shares of SJ stock opened at C$42.00 on Wednesday. Stella-Jones has a 52-week low of C$37.40 and a 52-week high of C$48.67. The company has a debt-to-equity ratio of 40.07, a current ratio of 6.70 and a quick ratio of 1.22. The company has a market cap of $2.93 billion and a P/E ratio of 21.21.

Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Friday, March 15th. The company reported C$0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.44 by C($0.14). The company had revenue of C$432.80 million during the quarter, compared to analysts’ expectations of C$417.40 million.

Stella-Jones Company Profile

Stella-Jones Inc produces, markets, and sells pressure treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers and wholesalers for use in decks, fences, patios, and other outdoor applications; and industrial products, including bridge timbers and docks, foundation and marine pilings, highway guardrail posts, and panelized railway crossings; and construction timbers.

Recommended Story: What are the components of an earnings report?

Receive News & Ratings for Stella-Jones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stella-Jones and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Analysts Anticipate TD Ameritrade Holding Corp.  Will Post Quarterly Sales of $1.46 Billion
Analysts Anticipate TD Ameritrade Holding Corp. Will Post Quarterly Sales of $1.46 Billion
TravelNote Price Reaches $0.0135 on Exchanges
TravelNote Price Reaches $0.0135 on Exchanges
$70.00 Million in Sales Expected for Primo Water Co.  This Quarter
$70.00 Million in Sales Expected for Primo Water Co. This Quarter
UralsCoin Trading Down 3.6% Over Last Week
UralsCoin Trading Down 3.6% Over Last Week
Cruisebit Price Hits $0.0085 on Top Exchanges
Cruisebit Price Hits $0.0085 on Top Exchanges
IHT Real Estate Protocol  Trading 23.5% Lower  Over Last 7 Days
IHT Real Estate Protocol Trading 23.5% Lower Over Last 7 Days


© 2006-2019 Ticker Report